If you're new to both Beancount and Python, it could be ambitious to get deep into this experimental package :) But no harm in giving it a try!
I will write some installation/getting-started docs on github and then get back to you. Thanks for the interest! On Sat, Feb 24, 2024 at 11:28 AM CDT <[email protected]> wrote: > I'm relatively new to Python scripting and have been hand entering things > while I'm learning, but this looks very interesting considering the volume > of transactions that can occur with cryptos when the bull market heats up. > > How do I install this? (I'm using Windows 11 but I can use pip on command > line) > > On Saturday, February 17, 2024 at 6:23:37 PM UTC-5 [email protected] > wrote: > >> It's 2024, so, time to dust off Magicbeans and prepare 2023 taxes -- hope >> folks don't mind me bumping this thread. If anyone else is interested in >> using Beancount to track crypto transactions, take a look below and if >> you're willing to beta-test and help develop, feel free to reach out to me. >> >> best, >> eric >> >> On Wed, Nov 1, 2023 at 3:49 AM Chary Chary <[email protected]> wrote: >> >>> Ok, >>> >>> thanks for clarification >>> >>> On Tuesday, October 31, 2023 at 5:30:39 PM UTC+1 [email protected] >>> wrote: >>> >>>> No worries. I suspect that a lot of crypto traders/investors fall into >>>> these categories: >>>> >>>> - Casual users who make minimal trades on one or two exchanges. These >>>> are probably adequately served by existing commercial offerings like >>>> cointracker.io etc. >>>> - Professional traders who already have some other professional >>>> commercial trade recording/reporting software. >>>> >>>> For people in between, who are doing something more complex (multiple >>>> exchanges, offline wallets, mining income, large numbers of transactions or >>>> lots) but are not professional traders, I suspect that probably most tax >>>> returns are full of errors that neither the filers nor the IRS are readily >>>> able to untangle. If the amounts are low, then it's not worth either of >>>> their time. If the amounts are large, I am not sure. I talked to a tax >>>> preparer, asking how one would verify the numbers, and he said that >>>> probably you'd have to engage a mid-to-large accounting firm and hand them >>>> your raw data -- not sure how they would analyze it. He also said that >>>> with the IRS it would probably be a bit hit and miss how an auditor would >>>> handle or analyze it -- they probably wouldn't be reading one's Python >>>> code, no :) >>>> >>>> My goal with Magicbeans was to generate PDF reports which lay out the >>>> lots in both inventories and transactions such that one could actually >>>> manually match everything up, even if it would be tedious. The goal was to >>>> be able to walk into an IRS office with that report and be able to justify >>>> the cap gains/losses of any sale someone questions. >>>> >>>> On Thu, Oct 26, 2023 at 1:11 PM Chary Chary <[email protected]> wrote: >>>> >>>>> I know this is an offtopic, but I am just wondering: if it takes that >>>>> much efforts plus python programming skills to file a tax return, then: >>>>> >>>>> >>>>> - How do other people (mortals) do it? >>>>> - How on the earth someone is able to verify it? One can't imagine >>>>> a tax officer debugging a Python code? >>>>> >>>>> >>>>> On Thursday, October 26, 2023 at 8:57:27 PM UTC+2 [email protected] >>>>> wrote: >>>>> >>>>>> I recently filed my 2022 tax return using Magicbeans >>>>>> <https://github.com/ericaltendorf/magicbeans/> to do detailed lot >>>>>> tracking and capital gains/losses reporting for my crypto assets. >>>>>> Magicbeans is a set of tools (importers and report generation tools) >>>>>> built >>>>>> around Beancount. I wrote it because I was not satisfied with the >>>>>> accuracy >>>>>> or transparency of existing commercial services for crypto tax reporting. >>>>>> >>>>>> Although I was confident enough in the numbers to file my return, I >>>>>> am equally confident there's a lot of latent issues in the software. I >>>>>> am >>>>>> looking for folks who (1) are interested in better tools for crypto >>>>>> transaction tracking, (2) are willing to beta-test and debug some rough >>>>>> software, and (3) are skilled enough devs (Python) to also contribute >>>>>> fixes. >>>>>> >>>>>> Hope to hear from someone out there... :) >>>>>> >>>>>> --eric >>>>>> >>>>> -- >>>>> You received this message because you are subscribed to the Google >>>>> Groups "Beancount" group. >>>>> To unsubscribe from this group and stop receiving emails from it, send >>>>> an email to [email protected]. >>>>> To view this discussion on the web visit >>>>> https://groups.google.com/d/msgid/beancount/bf16b50b-efe9-463a-a176-ce53960ef347n%40googlegroups.com >>>>> <https://groups.google.com/d/msgid/beancount/bf16b50b-efe9-463a-a176-ce53960ef347n%40googlegroups.com?utm_medium=email&utm_source=footer> >>>>> . >>>>> >>>> -- >>> You received this message because you are subscribed to the Google >>> Groups "Beancount" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> >> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/beancount/075e009b-e7f6-4120-a602-21a8f3d2c431n%40googlegroups.com >>> <https://groups.google.com/d/msgid/beancount/075e009b-e7f6-4120-a602-21a8f3d2c431n%40googlegroups.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/7eb23571-5af8-442e-9f6c-4df87def1cc6n%40googlegroups.com > <https://groups.google.com/d/msgid/beancount/7eb23571-5af8-442e-9f6c-4df87def1cc6n%40googlegroups.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "Beancount" group. 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